The Rise of Debt Credit and Asset Prices

You published a paper in 1989 that was your first pass at understanding the issue, things called debt credit and asset prices or something like that. And then, have you subsequently come to revise the views in that? What was your argument in that original book? Well, I think he's a hurry of ours, my views a bit, in the sense that what were your views first? "I mean, it was so frenetic that it was going to cause a bust"